BNP Paribas Financial Markets Adds $7M in AST SpaceMobile, Inc. ($ASTS)
Key Points
- BNP Paribas Financial Markets changed its AST SpaceMobile, Inc. ($ASTS) stake by 8.0% last quarter, boosting to 1,100,929 shares worth $92.53 million.
- Wall Street's consensus rating on $ASTS is Hold and an average price target of $81.47.
- $ASTS last traded around $84.05.
BNP Paribas Financial Markets increased its position in AST SpaceMobile, Inc. ($ASTS) by 8.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,100,929 shares of AST SpaceMobile, Inc. after buying 81,177 shares during the quarter. BNP Paribas Financial Markets's holdings in AST SpaceMobile, Inc. were worth $92.53 million as of its most recent filing.
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About AST SpaceMobile, Inc.
AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.
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